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house. president barack obama, speaker of the house john boehner, house minority leader nancy pelosi, harry reid and mitch mcconnell. can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop. >> but we have no takers. >> every republican, every democrat ought to be here. >> the phone never raining. >> they should negotiate a plan. they shouldn't have the mine are in plan, they should have the biglan. >> here we are five days from the new year, and we might finally start talking. >> the republicans are sitting there with a nuclear weapon. they have the debt ceiling coming up. they can use that as part of this negotiation. >> what is going on here? >> the president called me and probably called others last night. my impression is he would like to see if we can move forward. >> you can't legislate wit
be a political charade by the president and harry reid and nancy pelosi. i hope it actually is the beginning of a deal because if we don't get it done now, we need to go and make sure that things get done so we don't raise taxes and taxes aren't raised for all these americans that are looking at it come january 1st. >> why did he fly all the way back from hawaii and cut his vacation short if he's eager to go over the cliff in is that part of his charade. >> if he wants to actually blame other people for his lack of leadership he has to appear, at least, to be coming back to find a solution. if the president was really interested in the level of the debt we have in this country, the $16 trillion, we would have had a budget passed in the senate sometime in the last three years. he proposed a budget and none of the democrats even voted for it. it got 0 votes. i don't think the president is focused where we ought to be focused which is the spending. we have a spending problem. he's fixated on tax rates that only give you about seven days of what the government spends. >> he didn't get any votes
boehner and nancy pelosi. if they can't work this out and we go over the cliff it means smaller pay checks automatic spending cuts and according to some economists possibly another recession. molly henneberg tracking developments tonight at the white house. what are you hearing? >> hi, harris. senate republican leader mitch mcconnell confirmed it and the white house made it official. there will be a hearing here tomorrow according to a white house aide. it will be on the schedule that the president will talk fiscal cliff with those four top congressional leaders that you mentioned, harris. the president returned to washington today. he cut his hawaiian vacation short to get back to the white house for any possible last minute fiscal cliff meetings and it appears there will be one tomorrow. harris? >> well, what kind of response is the president getting from lawmakers at this point? >> well, senate republicans say they are willing to listen to any ideas the president has as to how to find a way forward. here is more. >> last night i told the president we would be happy to look at whatever h
rating is lower than that of nancy pelosi, who is a vampire, i actually think. it's 51% boehner unfavorable and pelosi 50%. juan, you said something earlier you have been hearing that boehner is safe. i've actually been hearing the opposite. i like john boehner, i think he has a tough situation on his hands. he's trying to heard cats. i don't agree what he did the other day, why he had put a bill on the floor he doesn't have support for. you think he won't hold on? >> no, i think he will hold on. i don't know if it's coming but at the moment i don't think there's enough time before january 3rd to really line up. what happened to john boehner, i thought -- >> and he thought he had the votes. >> his troops abandoned him. >> ken next mccarthy should go down for that. he's the whip. he should know how many votes he has. >> no, he works for boehner. >> but he goes back with the information about how many votes he has. that was a mess. >> but the whole dynamics didn't make sense. it goes back to something eric said. everybody on the far right said why am i going to put a vote in place
the debt ceiling coming up. what excuse will they come up? >> they will not cut spending. harry reid, nancy pelosi, chuck schumer, they are not going to cut spending. >> sean: how about the republicans? >> i hope the next time the republicans don't get rolled like they will be rolled the next 48 hours. >> sean: in one sense, joe, i got to give your president a lot of credit. he went out there, went out campaigning. he does a really good job blaming the republicans. he was able to frame the debate about taxes against the rich. not on his reckless spending. as a politician, he is pretty -- he is pretty amazing. in terms of governing, he is horrible. this is not good long-term for this country. >> well, look, the president was very clear in two campaigns now about raising taxes on the top 2%. he was clear. and he and romney had that thing -- had that out. and he won on that platform, sean. i mean he fair and square he won on it. and he is going to make -- >> sean: so if the republicans. >> 2.5 in spending cuts. right now it is one-to-one or less. he didn't keep his promise on that he, joe trip
he heard from any democrat, president, senator reid, nancy pelosi, anybody in about a month in terms of talking about the fiscal cliff. so everyone has sort of delayed really facing all of th up against the deadline now, jon. jon: that seems clear. ed henry at the white house there. ed, thank you. stay on it for us. for more on this let's bring in the editor of "campaigns & elections" magazine, shane deapril. campaigns and elections might be appropriate here because some say there is a lot of political posturing going on. you have said the feeling in washington it might actually be better to go over the cliff and come back and negotiate. why? >> yeah. now, this is of course purely political campaign calculation here, tossing aside the nation's fiscal health frankly. for both side i think there is good argument to be made for congressional leaders, democratic leaders and republican leaders in particular, there may be less political risk here actually if we do go over the cliff and figure out a solution very quickly afterwards. if you go back to what happened with plan b, speaker boehn
. number two, plan b was really the idea of chuck schumer and nancy pelosi as recently as in this summer. to set the threshold on incomes to a million dollars versus 250,000, allow those tax rates for a million and above go up, the president talked about taxing millionaires and billionaires, that would be right, and now let the rest of the country enjoy the extension of the full bush tax cuts which i think we now even see democrats acknowledging have meaningful -- gregg: basil, if it doesn't work, the president's going to have egg on his face, right? >> no, not at all. gregg: come on. >> the president has come back with a compromise. the people that have egg on their face are republicans. they've taken intractable positions where as the president has made concessions, boehner cannot show leadership to get anything passed through his congress right now. and, quite frankly, they're being sort of held by the tea party against some extraordinary positions that they have to take at a time when the paradigm has shifted. so i think the country is recognizing that the country -- gregg: looking a
and nancy pelosi tells me there are members in her caucus wants taxes to go up and howard dean not shy saying that taxes should go up on everyone for months. there's a major part of the democrats who want the rates to go up and are public about it. the question, does the president have the interest to stand town that part of the party or does he want taxes to go up and blame the republican. >> harris: first time since 1970 congress is working between christmas and new years. how do you negotiate with someone who is determined basically to see is fail and see us go over into extreme high taxes? >> we don't and one of the most insightful things i've read in the the last couple of weeks, the dialog between mr. boehner and the president off the election and mr. boehner put 800 billion of revenues on the table and talking about negotiations and the president says i get that for free, i'm not giving you anything for 800 billion dollars. and washington is a rumor mill, as you can probably mante imagine, and we've heard that the change cpi would be off the table, an indication of a smaller dea
Search Results 0 to 7 of about 8